Moving Averages Zone Trading

Hi Guys
I would like your thoughts on trading between two moving averages. eg 10 and 20 EMA and 30/50 SMA, provided there is confluence there. The zones would be the price in between the two averages.

If possible can a custom indicator be made to notify you when price is in between the zones and the ability to choose if the candle can close in the zone. If also possible can it only sound if the candle is a continuation candle meaning if the trend is down we would like the indi to notify you if the candle closes red in the zone.

Thanks
Mthoko

Attachment

You have been listening to Hector, haven't you?

Yes Sir, I am liking his method, however I prefer higher timeframes, and has been working quite well.

Thanks for your response

I love a good MA based strat! Where can i find Hector's strat?

I LOVE GOOGLE

http://lmgtfy.com/?q=hector+forex+trading&l=1

Thanks Erebus

You can also use the links below

http://www.learnforexlive.com/member.../index-new.php



http://ul.to/r1frgvku
http://ul.to/qr8z9uvv
http://ul.to/2b3a81pi


Indicators & Templates here - http://www.4shared.com/file/ey56txjN/hector.html

brilliant

Excellent! For trending markets thats is. Looking forward to 3year+ backtesting results.

As taught by my mentor, the 5 minute chart with 10/21 EMAs and the 50 SMA is my higher time frame bias for my 1 minute and tick chart scalping. You can also look at Phil Nell's old thread about it -

Yes Guys this system is for trending markets only, otherwise scalp in ranging markets. Thanks

jmflukeiii

How are the results in scalping.

Thanks